# Infancy #Day124

By [Yixin's Info Shop](https://paragraph.com/@yixin-s-info-shop) · 2023-02-02

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Daily Reading List\_2023\_02\_01
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A featured crypto industry brief, with a focus on DeFi and MEV.

### Weekly Hot Words

*   Bitcoin, NFT, ftx, 2023, Ethereum
    

![Trend of top 5 hot words in 30 days](https://storage.googleapis.com/papyrus_images/59e9a41bdb82168e6eb0c9846ddf28249b677ab409becd771d0169fffff032f3.png)

Trend of top 5 hot words in 30 days

### Today's Numbers

*   Facebook Parent Meta’s Metaverse Division Lost **$13.7B** in **2022** _from_ **_CoinDesk_**
    
*   [Meta Metaverse Division Posts **$4.3B** Net Loss in Q4 **2022**](https://blockworks.co/news/meta-metaverse-losses-q4-2022) _from_ **_Blockworks_**
    
*   First Mover Americas: Bankrupt With **$1.4B** Cash _from_ **_CoinDesk_**
    
*   Bankrupt Crypto Exchange FTX Had Around **$1.4B** Cash at End of **2022** _from_ **_CoinDesk_**
    
*   [Bitcoin bulls plan to flip **$23K** to support by aiming to win this week’s **$1B** options expiry](https://cointelegraph.com/news/bitcoin-bulls-plan-to-flip-23k-to-support-by-aiming-to-win-this-week-s-1b-options-expiry) _from_ **_Cointelegraph_**
    
*   Voyager Creditors Reject Alameda’s Attempt to Recover **$446M** _from_ **_CoinDesk_**
    
*   Ripple Sold **$226M** of XRP in Q4; Sees Strong Growth in On-Demand Liquidity Product _from_ **_CoinDesk_**
    
*   [US Air Force Pumps **$30M** Into Blockchain for Supply Chains](https://blockworks.co/news/us-air-force-simba-blockchain-supply-chains) _from_ **_Blockworks_**
    
*   Blockchain Company SIimba Chain Received **$30M** Funding Increase From US Air Force _from_ **_CoinDesk_**
    
*   Cardano-Based Djed Stablecoin Has Attracted **27M** ADA Tokens as Reserve Backing _from_ **_CoinDesk_**
    
*   [ENS DAO’s **$16M** ETH Sale Would Cover up to **2** Years Runway](https://blockworks.co/news/ens-daos-eth-sale-creates-runway) _from_ **_Blockworks_**
    
*   [Founder of **$7.5M** ‘brazen fraud scheme’ gets **8** years behind bars](https://cointelegraph.com/news/founder-of-7-5m-brazen-fraud-scheme-to-see-8-years-behind-bars) _from_ **_Cointelegraph_**
    
*   [MakerDAO launches **$5M** legal defense fund](https://cointelegraph.com/news/maker-dao-launches-5m-legal-defense-fund) _from_ **_Cointelegraph_**
    
*   AllianceBlock Token Plunges **51%** After **$5M** Exploit of Bonq DAO _from_ **_CoinDesk_**
    
*   DeFi Marketplace Archimedes Raises **$4.9M** in Seed Round Led by Hack VC _from_ **_CoinDesk_**
    
*   ARK Invest Maintains Prediction Bitcoin Price Will Hit **$1M** by 2030 _from_ **_CoinDesk_**
    
*   Bitcoin Price Could Reach **$45K** by Christmas: Matrixport _from_ **_CoinDesk_**
    
*   [Bitcoin awaits Fed Powell speech as sellers cement **$23.5K** resistance](https://cointelegraph.com/news/bitcoin-awaits-fed-powell-speech-as-sellers-cement-23-5k-resistance) _from_ **_Cointelegraph_**
    
*   Bitcoin Blasts Through **$23.5K** as Powell Speaks Following Fed Rate Hike _from_ **_CoinDesk_**
    
*   [Here’s why India held on to older crypto reforms in national budget **2023**](https://cointelegraph.com/news/here-s-why-india-held-on-to-older-crypto-reforms-in-national-budget-2023) _from_ **_Cointelegraph_**
    
*   [Retail giant Pick n Pay to accept Bitcoin in **1,628** stores across South Africa](https://cointelegraph.com/news/retail-giant-pick-n-pay-to-accept-bitcoin-in-1-628-stores-across-south-africa) _from_ **_Cointelegraph_**
    
*   [Crypto exploit losses in January see nearly **93%** year-on-year decline](https://cointelegraph.com/news/crypto-exploit-losses-in-january-see-nearly-93-year-on-year-decline) _from_ **_Cointelegraph_**
    
*   [Bitcoin meets FOMC after **39%** January gains with Fed path ‘uncertain’](https://cointelegraph.com/news/bitcoin-meets-fomc-after-39-january-gains-with-fed-path-uncertain) _from_ **_Cointelegraph_**
    
*   Federal Reserve Lifts Interest Rates Another **25** Basis Points _from_ **_CoinDesk_**
    
*   [Gangsters, cats and Bitcoin: 9-year-old Henry takes BTC to the classroom](https://cointelegraph.com/news/gangsters-cats-and-bitcoin-9-year-old-henry-takes-btc-to-the-classroom) _from_ **_Cointelegraph_**
    
*   My Big Coin Founder Gets 8-Year Jail Sentence for Fraud _from_ **_CoinDesk_**
    

### MEV Daily

_(N.A.)_

### Risk Alerts

*   AllianceBlock Token Plunges 51% After $5M **Exploit** of Bonq DAO _from_ **_CoinDesk_**
    
*   Stargate to Reissue STG Tokens Following Alameda Wallet **Hack** _from_ **_CoinDesk_**
    
*   DeFi Marketplace Archimedes Raises $4.9M in Seed Round Led by **Hack** VC _from_ **_CoinDesk_**
    
*   [2022 Biggest Year Ever For Crypto Hacking with $3.8 Billion Stolen, Primarily from DeFi Protocols and by North Korea-linked **Attackers**](https://blog.chainalysis.com/reports/2022-biggest-year-ever-for-crypto-hacking/) _from_ **_Chainalysis_**
    
*   [US Senators: Silvergate 'Further Introduced' Crypto **Risk** Into Traditional Banking](https://decrypt.co/120321/us-senators-silvergate-further-introduced-crypto-risk-into-traditional-banking) _from_ **_decrypt_**
    
*   [Crypto **exploit** losses in January see nearly 93% year-on-year decline](https://cointelegraph.com/news/crypto-exploit-losses-in-january-see-nearly-93-year-on-year-decline) _from_ **_Cointelegraph_**
    

### Hot Topics

*   First Mover Asia: Lido DAO Governance Token Down, Staked Ether Stable as Withdrawal Proposal Comes Into Focus; **Bitcoin** Rises as **Fed** Rate Decision Nears _from_ **_CoinDesk_**
    
*   **Bitcoin** Miner Argo Blockchain's CFO Alex Appleton Quits _from_ **_CoinDesk_**
    
*   [**US** Treasury lists **BTC**, **ETH** addresses tied to Russian sanctions evasion group](https://cointelegraph.com/news/us-treasury-lists-btc-eth-addresses-tied-to-russian-sanctions-evasion-group) _from_ **_Cointelegraph_**
    
*   **US** Blacklists **Bitcoin**, Ether Addresses Tied to Russian Sanctions-Evasion Efforts _from_ **_CoinDesk_**
    
*   **Bitcoin** and Hang Seng's Stalled Rally Might Mean Wider De-Risking Ahead, TradFi Firm Says _from_ **_CoinDesk_**
    
*   [**Bitcoin** advocate Najah Roberts explains why BTC is a tool for empowerment](https://cointelegraph.com/news/bitcoin-advocate-najah-roberts-explains-why-btc-is-a-tool-for-empowerment) _from_ **_Cointelegraph_**
    
*   **Bitcoin** Little Changed on Soft Economic Data Ahead of **Fed** Meeting _from_ **_CoinDesk_**
    
*   [**Bitcoin** Open Interest at Month-Long High Ahead of FOMC Decision](https://blockworks.co/news/bitcoin-open-interest-at-month-long-high-ahead-of-fomc-decision) _from_ **_Blockworks_**
    
*   **Bitcoin** Could Be in the Later Stages of the Bear Market, On-Chain Data Suggests _from_ **_CoinDesk_**
    
*   Luxor Starts First-of-Its-Kind **Bitcoin** Mining Rig Marketplace for Large-Scale Orders _from_ **_CoinDesk_**
    
*   Coinbase **NFT** Pauses New Collection Drops, Denies Shuttering Marketplace _from_ **_CoinDesk_**
    
*   Doodles 2 **NFT** Mint Opens, Dooplicators Price Soars on OpenSea _from_ **_CoinDesk_**
    
*   [Rally Leaves Social Token **NFTs** in Limbo After Abrupt Exit](https://blockworks.co/news/rally-leaves-social-token-nfts-in-limbo-after-abrupt-exit) _from_ **_Blockworks_**
    
*   Why Venture Capitalists Won’t Be Held Accountable for Investing in **FTX** _from_ **_CoinDesk_**
    
*   [Tiffany Fong flames Celsius, **FTX** and NY Post: Hall of Flame](https://cointelegraph.com/magazine/tiffany-fong-flames-celsius-ftx-and-ny-post-hall-of-flame/) _from_ **_Cointelegraph_**
    
*   Judge Bans Sam Bankman-Fried From Contacting **FTX** Employees and Using Signal _from_ **_CoinDesk_**
    
*   [Federal judge bars SBF from contacting **FTX** and Alameda employees via Signal](https://cointelegraph.com/news/federal-judge-bars-sbf-from-contacting-ftx-and-alameda-employees-using-signal) _from_ **_Cointelegraph_**
    
*   [New **FTX** documentary to spotlight SBF-CZ relationship](https://cointelegraph.com/news/new-ftx-documentary-to-spotlight-sbf-cz-relationship) _from_ **_Cointelegraph_**
    
*   [**FTX** debtors seek subpoenas for inner circle of Sam Bankman-Fried](https://cointelegraph.com/news/ftx-debtors-seek-subpoenas-for-inner-circle-of-sam-bankman-fried) _from_ **_Cointelegraph_**
    
*   What Is the **Ethereum** Blockchain’s Shanghai Hard Fork, and Why Does It Matter? _from_ **_CoinDesk_**
    
*   Market Maker B2C2 Teams With Blockdaemon, Stakewise to Provide **Ethereum** Staking Liquidity _from_ **_CoinDesk_**
    
*   [**Ethereum**'s Shanghai fork is coming — but it doesn't mean investors should dump ETH](https://cointelegraph.com/news/ethereum-s-shanghai-fork-is-coming-but-it-doesn-t-mean-investors-should-dump-eth) _from_ **_Cointelegraph_**
    

### Industry Tracer

*   📌[Bitcoin Optech Newsletter #236](https://bitcoinops.org/en/newsletters/2023/02/01/) _from_ **_Bitcoin Optech_**
    
*   ⚡[Investors Are Sitting on $5 Trillion](https://www.trustnodes.com/2023/02/01/investors-are-sitting-on-5-trillion) _from_ **_Trustnodes_**
    
*   ⚡[UK Announces Plans to Regulate Crypto](https://www.trustnodes.com/2023/02/01/uk-announces-plans-to-regulate-crypto) _from_ **_Trustnodes_**
    
*   ⚡[Celsius Sold Bitcoin and ETH to Buy Own Token Says Examiner](https://www.trustnodes.com/2023/02/01/celsius-sold-bitcoin-and-eth-to-buy-own-token-says-examiner) _from_ **_Trustnodes_**
    
*   ⚡[Central Banks Now Need a Bailout](https://www.trustnodes.com/2023/02/01/central-banks-now-need-a-bailout) _from_ **_Trustnodes_**
    

### Deep Dive

*   [Understanding Retention in Crypto](https://kermankohli.substack.com/p/understanding-retention-in-crypto) _from_ **_Kerman Kohli_**
    
*   [State of USDD Q4 2022](https://messari.io/article/state-of-usdd-q4-2022) _from_ **_Messari Crypto News Feed_**
    
*   [State of dYdX Q4 2022](https://messari.io/article/state-of-dydx-q4-2022) _from_ **_Messari Crypto News Feed_**
    
*   [Analyzing DYDX Tokenomics](https://messari.io/article/analyzing-dydx-tokenomics) _from_ **_Messari Crypto News Feed_**
    

### Podcast

*   [Episode 262: Ethereum’s KZG Ceremony with Trent & Carl](https://zeroknowledge.fm/262-2/) _from_ **_ZK Podcast_**
    
*   [7 Revelations From Celsius’ Examiner Report](https://unchainedpodcast.com/7-revelations-from-celsius-examiner-report/) _from_ **_Unchained Podcast_**
    
*   [The Power to Mint Money](http://sites.libsyn.com/247424/the-power-to-mint-money) _from_ **_Bankless_**
    

### Project Tracer

*   [SNXweave Weekly Recap 74](https://blog.synthetix.io/snxweave-weekly-recap-61/) _from_ **_Synthetix Blog_**
    
*   [1inch Monthly Digest: January](https://blog.1inch.io/1inch-monthly-digest-january-51a585dfa548?source=rss-2c9a654f35d------2) _from_ **_1inch_**
    

### KOL's Opinion

_(N.A.)_

### Other Topics

*   Toyota to Experiment With **Blockchain** Use Cases by Sponsoring Astar Network's Hackathon _from_ **_CoinDesk_**
    
*   [Toyota to explore **blockchain** use cases via DAO hackathon](https://cointelegraph.com/news/toyota-to-explore-blockchain-use-cases-via-dao-hackathon) _from_ **_Cointelegraph_**
    
*   Bitcoin's **Blockchain** Data Offers Evidence of Continued Investor HODLing During Bear Market _from_ **_CoinDesk_**
    
*   [Toyota Tests Developer Skills on Popular Japanese **Blockchain**](https://blockworks.co/news/toyota-tests-developer-skills-with-hackathon) _from_ **_Blockworks_**
    
*   [**Blockchain** IM apps to reach over half-billion dollar valuation by 2030](https://cointelegraph.com/news/blockchain-im-apps-to-see-over-half-billion-dollar-valuation-by-2030) _from_ **_Cointelegraph_**
    
*   Aptos **Labs** Issues Grant to **Blockchain** Lab at Cornell University _from_ **_CoinDesk_**
    
*   Cool Cats Claws at Mainstream Strategy, Rebrands to Expand Audience Beyond **Web3** _from_ **_CoinDesk_**
    
*   [**Web3** could seize on the decades-old software-as-a-service business model](https://cointelegraph.com/news/web3-could-seize-on-the-decades-old-software-as-a-service-business-model) _from_ **_Cointelegraph_**
    
*   [Binance delves into decentralized **Web3** storage with BNB Greenfield](https://cointelegraph.com/news/binance-delves-into-decentralized-web3-storage-with-bnb-greenfield) _from_ **_Cointelegraph_**
    
*   Decentralized **Exchange** Dexalot Starts a Hybrid DeFi Subnet _from_ **_CoinDesk_**
    
*   [**Fed** Opts for Lower Rate Increase, Crypto, Equities Shimmy](https://blockworks.co/news/federal-reserve-raises-interest-rates-25-bps) _from_ **_Blockworks_**
    
*   **UK** Crypto Firms to Get Broad Laws, May Need New Authorization _from_ **_CoinDesk_**
    
*   [**UK** Crypto Proposal Would Tighten Screws on Crypto Even Harder](https://blockworks.co/news/uk-crypto-regulation-in-the-works) _from_ **_Blockworks_**
    
*   [**UK** Treasury publishes crypto framework paper: Here’s what’s inside](https://cointelegraph.com/news/uk-treasury-publishes-crypto-framework-paper-here-s-what-s-inside) _from_ **_Cointelegraph_**
    
*   [Crypto scammers abuse ‘lax’ **UK** company laws to fool victims: Report](https://cointelegraph.com/news/crypto-scammers-abuse-lax-uk-company-laws-to-fool-victims-report) _from_ **_Cointelegraph_**
    
*   Bankrupt Crypto Lending Platform **Celsius** Names Users Eligible to Withdraw Assets _from_ **_CoinDesk_**
    
*   [**Celsius** publishes list of users eligible to withdraw majority of assets](https://cointelegraph.com/news/celsius-publishes-list-of-users-eligible-to-withdraw-majority-of-assets) _from_ **_Cointelegraph_**
    
*   [‘Categorically false’ — Attorney denies bids for **Celsius** assets were rejected](https://cointelegraph.com/news/categorically-false-attorney-denies-bids-for-celsius-assets-were-rejected) _from_ **_Cointelegraph_**
    
*   [Tether CTO denies borrowing from bankrupt lender **Celsius**](https://cointelegraph.com/news/tether-cto-denies-borrowing-from-bankrupt-lender-celsius) _from_ **_Cointelegraph_**

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*Originally published on [Yixin's Info Shop](https://paragraph.com/@yixin-s-info-shop/infancy-day124)*